Financial
Distress signals
Property profile

459 N Gilbert Rd Gilbert, AZ 85234

FOR LEASE
Office buildings
Property ID
US07-1507694
34,696 SF 5.14 ac lot Built 1985
Last sale Nov 2021 · $2,575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$62k
Tax billed · 2023
Assessed value · 2024$1.01M
Effective rate6.11%

Value estimate

· Sep 2026
$4.27M
$3.84M – $4.69M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$7k
Operating expenses−$7k
NOI · 92,533.03% cap applied$20k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$217/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$48 – $318
Qualifying comparables8

Cap rate analysis

How does the asset earn?
92,533.03%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HVC
The Heritage Village Center zoning district celebrates the heart and history of Gilbert preserving history through architecture, art, and...
General categoryMIXED_USE
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.0
Smoke and Vape Shop9.4
Locksmith9.3

Location

459 N Gilbert Rd Gilbert, AZ 85234
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2353 Baseline, Gilbert, AZ 85234-2342 $2,700,000 Mar 2026 5,168 SF
2451 Baseline, Gilbert, AZ 85234-2471 $11,950,000 Dec 2024 7,897 SF
207 Gilbert Rd, Gilbert, AZ 85234-5817 $1,016,000 Feb 2023 23,627 SF
3321 Baseline, Gilbert, AZ 85234-2633 $62,500 Feb 2023 5,297 SF
3489 Baseline, Gilbert, AZ 85234-2651 $2,849,000 Aug 2021 8,563 SF
4147 Baseline, Gilbert, AZ 85234-2807 $1,800,000 Jan 2021 6,180 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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